Wholesale prices fell in OctoberWholesale prices fell...

BUSINESS DIGEST

November 11, 1994

Wholesale prices fell in October

Wholesale prices fell unexpectedly for a second straight month in October, as car prices posted their sharpest drop in a year and gasoline and heating oil prices also slumped, the government said yesterday.

The Labor Department said its producer price index fell 0.5 percent last month, the same as in September. It was the first back-to-back drop in more than three years.